ROCKET MAN: Apparently, astronaut Drew Feustel recently touched down in Boston to attend a private welcome-home party. We’re told that the out-of-this-world explorer, who returned to Earth earlier this fall after a 191-day mission aboard the International Space Station, and his wife, speech-language pathologist Indira Feustel, marked his arrival back on solid ground at the Chestnut Hill home of their close friends Bruce Percelay, founder of The Mount Vernon Company and publisher of Nantucket Magazine, and his wife, Elisabeth.
news & press


WBZ-TV to get new studio, adding to spate of Allston-Brighton development
Published August 30, 2018 in PressTwo prominent Boston-area developers have signed an agreement to redevelop WBZ-TV’s longtime home on Soldiers Field Road, in the latest sign that a once-sleepy corner of the city has become a magnet for real estate investors. Mount Vernon Co. and National Development plan to build a new studio for WBZ-TV and WSBK-TV on a portion of the 8-acre site in Allston while the current building remains in use. Once the new studio is done, the existing building would be torn down to make way for new development.

Boutique hotel to open soon at former South End YWCA and hostel
Published August 14, 2018 in Development, PressAnother boutique hotel is coming to the South End, this one with an unusual spin on the city’s history, from fine arts to disco. Mount Vernon Co. said it will open the Revolution Hotel later this year, turning the former YWCA at 40 Berkeley St. into a 164-room hotel that will “reflect Boston’s rich history of notable innovations, rebellious individuals and revolutionary events.”

For $12M, Mount Vernon Co. Buys Key Allston Asset Via Boston Realty Advisors
Published July 31, 2018 in Development, PressBOSTON—Some investors buy on the margin. In Allston-Brighton, Mount Vernon Co. just bought on the hyphen. The homegrown firm led by founding principal Bruce Percelay paid $12 million Friday for 103 North Beacon St. a 27,350-sf commercial building Boston Realty Advisors listed for sale this March, the well-regarded 1.5-acre property serving as longtime home to Wolfers Lighting and its elaborate showroom.

Amazon’s Seaport Expansion Could Be A Bad Sign For Boston's Suffolk Downs HQ2 Pitch
Published May 16, 2018 in PressAmazon’s confirmation it will bring at least 2,000 jobs to the Seaport has many reading the tea leaves as to what this means for Boston’s HQ2 bid — and its proposed site across Boston Harbor at Suffolk Downs.
MVC $6.8M Hub Buy Sets Up ‘Uber-Cool’ Hotel
Published March 25, 2018 in Development, PressMount Vernon Co. has just paid fellow homegrown developer Clifford Long $6.8 million for a chic 12-unit South End Inn, as usual the deal done with a broader scheme in mind. Chandler Studios complements a 210-unit hotel at 40 Berkeley St. MVC founder Bruce A. Percelay purchased in April 2014 for $17.2 million.
Boston too used to its winning ways
Published February 07, 2018 in PressChairman Bruce Percelay on what it means for Boston to experience a loss.

Apartments, condos proposed for New Boston Landing area
Published January 15, 2018 in Development, PressBoston real estate investment firm and landlord Mount Vernon Co. is seeking city permitting for a five-story, 74-unit apartment building in Boston’s Allston-Brighton neighborhood and a separate four-story building with nine condos across the street.